Joe's Jeans Inc. (JOEZ) Monday reported first-quarter loss of $6.39 million or $0.10 per share, compared to a profit of $794 thousand or $0.01 per share in the same period last year.
Adjusted earnings, excluding contingent consideration buy-out expense, was $1.72 million or $0.03 per share.
Net sales totaled $29.43 million, up 13 percent from $25.96 million last year.
Wholesale and retail sales improved 11 percent and 23 percent respectively.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.